What Our Customers Say

Welcome to Atlantic Umbrella – The Umbrella Company

Atlantic Umbrella is a PAYE employment-based Umbrella Company providing employment to you while you work as an independent contractor under temporary contracts.

Working for Atlantic Umbrella gives you freedom to move between contracts, agencies and clients with one fixed employer looking after your rights and processing your tax and national insurance.

Our team has close relations with numerous recruitment agencies and will take time to talk you through how we work with your agency and how we can help you. Whether you are new to contracting or an old hand, we are the very best people to explain exactly what we do, how it works and if it’s right for you.

Talk to us about your options and whether an Umbrella Company is the right choice for you. If it is, we’ll explain exactly what we need from you to get started and what you should then expect from us.

Why Choose Atlantic?

"I would also like to take this opportunity to thank you sincerely for the great service I have been receiving from Atantic in the last 30 months and I will definitely join you should I ever become a contractor again in the future."

Assumptions

Full employee personal tax allowance of £11,000 per year (tax code 1100L).

Contractor has no additional income during the tax year.

Subsistence based on the HMRC’s benchmark scale rates model.

Annual business mileage calculated at 45p/mile for the first 10,000 miles and at 25p/mile thereafter.

Expenses calculated between £3.16 and £355 and is restricted by allowable expenses and expenses reasonably incurred by an employee working and staying away from home.

Weekly calculation based on 52 weeks per full tax year.

Monthly calculation based on 12 months per full tax year.

All Tax, NIC’s and employers NIC’s based on 16/17 tax year.

Additional assumptions for Atlantic calculation

SDC (Supervision, Direction or Control) does not apply during any contract assignment throughout the tax year.

All legitimate business expenses incurred during each assignment will be paid as part of your regular Atlantic payment package. Any incurred expenses over the pre-agreed amount can be received as a tax refund from HMRC after the tax year-end on 5th April.

All Atlantic payments include holiday pay.

All Atlantic payments do not include pension contributions.

Additional assumptions for Pocked Accounts calculation

All assignments fall outside the scope of IR35.

Director’s wage of £8,060 per year.

Pocket Accounts Premium package is used for the purpose of this calculation.

Only one owner and director is involved in the company.

Please note, you may be eligible for the HMRC’s flat rate VAT scheme. Our consultants would be happy to discuss this with you.